Endeavour Mining finds potential new flagship gold project in West Africa
Endeavour Mining (TSX: EDV; LSE: EDV) said Monday it had made a major greenfield gold discovery in Côte d’Ivoire, which has the potential to become a new flagship asset for…
Articles by Cecilia Jamasmie
BHP tries dodging strike at Escondida copper mine in Chile
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has reached an agreement with unionized workers at its Escondida copper mine in Chile, the world’s largest, in a last-minute attempt to avert…
Massive emerald cluster sets new record at Gemfields auction
Africa-focused Gemfields (LSE: GEM; JSE: GML) racked up US$30.8 million in revenue from its latest emerald action, which included a massive cluster of emeralds weighing 187,775 carats (37,555 grams). The Kafubu…
Lucara extends sales deal with HB by 10 years
Canada’s Lucara Diamond (TSX: LUC) has extended its sales agreement with HB Trading covering high-value diamonds from the Karowe mine, in Botswana, for another 10 years. The contract will see Lucara’s +10.8 carat…
SQM expects high lithium prices to stay put
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, expects prices for the battery metal to stay high into 2023 on the back of soaring demand boosted by strong…
BHP says strike at Escondida copper mine ‘unjustifiable’
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) said on Wednesday the strike announced by unionized workers at its Escondida copper mine in Chile for Nov. 21 and 23,…
Newcrest resumes operations at Brucejack mine
Newcrest Mining (ASX, TSX, PNGX: NCM) said on Wednesday it has resumed operations at its Brucejack gold-silver mine in Canada, which has been closed since late October following the death…
Centamin mulls underground expansion at Sukari, Egypt’s first modern gold mine
West Africa-focused gold miner Centamin (TSX: CEE; LSE: CEY) unveiled on Tuesday that ore mining rate at its flagship Sukari gold mine in Egypt could grow by 31% if operations…
Wealthiest nations offer Indonesia $20B to wean it off coal
Rich nations led by the U.S. and Japan have pledged to give Indonesia a US$20-billion package to help the coal-dependent country shift to renewable energy and reach carbon neutrality by…
Panama sets Dec 14 deadline for First Quantum to ink mine contract
The government of Panama set on Monday a deadline for Canada’s First Quantum Minerals (TSX: FM) to ink a long-awaited contract that allows the company to keep running its flagship…
Salazar, Adventus reach deal for US$270M Ecuador copper-gold project
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) are set to ink a final a foreign direct investment agreement with Ecuador’s government for their El Domo copper and gold…
SolGold CEO leaves after less than a year in the top job
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) said on Thursday its chief executive and managing director, Darryl Cuzzubbo, had left the company effective immediately, after less than a year in the top…